SENATE BILL 5789
State of Washington 52nd Legislature 1991 Regular Session
By Senators Cantu, Owen, Metcalf, Anderson, Craswell, Bailey, McDonald, L. Smith and Thorsness.
Read first time February 20, 1991. Referred to Committee on Commerce & Labor.
AN ACT Relating to the federal targeted jobs tax credit program; and amending RCW 50.16.080.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 50.16.080 and 1988 c 84 s 2 are each amended to read as follows:
(1) The cost of administering the federal targeted jobs tax credit program shall be fully borne by the employers requesting the credits. The commissioner shall establish the amount of the processing fee and procedures for collecting the fee. No fee shall apply to employers with fewer than fifty employees. The commissioner shall establish the processing fee at a sufficient level to defray the costs of administering the federal targeted jobs tax credit program. The fee shall be established by the commissioner by rule. However, if federal funding is provided to finance such services, the commissioner shall revise or eliminate this fee based on the amount of federal funding received. Fees received for processing shall be deposited in a special account in the unemployment compensation administration fund.
(2) The commissioner shall, by January 1, 1992, develop and implement strategies to (a) significantly reduce the paperwork associated with this program, and (b) increase by two hundred percent the number of employers participating in the program.